Calls Renewed for Managed Care Price Transparency in Comp

Little progress has been made on managed care price transparency in workers’ compensation, industry observers say, even though the issue has been debated for years. A presentation at the National Workers’ Compensation and Disability Conference in Las Vegas this month has sparked the latest round of discussion on the topic. Frank Pennachio, cofounder of insurance advisory firm Oceanus Partners, posed the question, “Are ‘cost containment’ services actually containing costs?” In an interview, Pennachio said payers contracting with third-party administrato...